Cronos Labs Launches Recruitment Phase for $100M Accelerator Program

Cronos Labs, a Web3 startup accelerator, has announced the launch of its third cohort aimed at supporting early-stage projects through funding and mentorship opportunities. This initiative is bolstered by a substantial investment of $100 million designated to assist crypto startups.

In a recent announcement, Cronos Labs emphasized its mission to foster startups that have the potential to significantly influence the future of Web3. The accelerator is particularly focused on discovering projects that prioritize the development of practical use cases, promoting the adoption of decentralized applications (DApps) that can engage real users instead of automated bots.